(Alliance News) - Stock prices in London were higher near midday on Thursday, although the Federal Reserve's rate cut did not spark a substantial rally in the US or Europe. Read More
(Alliance News) - Heathrow on Thursday said it has hired Philip Jansen to be the next chair of Heathrow Airport Holdings Ltd, with the former chief executive of telecommunications provider BT Group PLC taking over from the start of January. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The FTSE 100 struggled to make headway on Tuesday, pegged back by falls in retailers, with investors wary ahead of the US interest rate decision on Wednesday. Read More
(Alliance News) - WPP PLC has landed a contract worth up to GBP2 billion to manage the UK government’s advertising campaigns, the Times on Tuesday reported. Read More
(Alliance News) - European stocks were mixed on Tuesday afternoon, ahead of some US labour market data on the eve of Wednesday's Federal Reserve decision. Read More
(Alliance News) - Stock prices in London were mixed on Thursday, as the FTSE 100 missed out on a European rally amid weakness in SSE and National Grid after Ofgem approved a GBP28 billion investment. Read More
(Alliance News) - Rio Tinto says earnings could rise by up to 50% by 2030, SSE and National Grid welcome Ofgem's approval of GBP28 billion of energy investment and SSP swings to a loss. Read More
WPP PLC - London-based advertising agency - Successfully prices a EUR1.00 billion 5.5-year senior unsecured fixed-rate RegS bond issuance. The bonds will carry an annual coupon of 3.625% and are expected to be rated "BBB" by S&P and "Baa2" by Moody's. "The transaction garnered significant interest and demand, with a total order book exceeding EUR2.9 billion from a diverse array of institutional investors," WPP says. This "robust" oversubscription of 2.9 times "underscores investor confidence in WPP's credit profile and leading market position," it adds. WPP intends to use the proceeds to fund general corporate purposes, including the refinancing of existing debt. BNP Paribas, Citi, HSBC, NatWest and SMBC led the transaction as joint lead bookrunners. Read More
(Alliance News) - Blue chips closed little changed on Tuesday on a generally downbeat day for stocks in London. Read More
(Alliance News) - Stock prices in London were down at midday on Wednesday, with investor attention focused on this afternoon's crucial UK government budget, which was published in error ahead of time by the Office for Budget Responsibility. Read More
(Alliance News) - WPP PLC is set to make way for a returning British Land Co PLC on the FTSE 100, as the advertising agency's more than 60% share price slump this year leaves it set for a festive index relegation. Read More
(Alliance News) - The FTSE 100 snapped a five-day losing streak on Thursday, although gains were pared after mixed US jobs data pointed to interest rates staying on hold across the pond. Read More
(Alliance News) - The FTSE 100 closed lower on Monday as investors look ahead to UK inflation data, US nonfarm payrolls figures and results from chip maker Nvidia later this week. Read More
(Alliance News) - WPP PLC has attracted takeover interest after a steep slide in its market value left the advertising group on the brink of ejection from the FTSE 100, the Sunday Times reported. Read More
(Alliance News) - European stocks barely budged in early dealings on Monday, with trade lacking impetus as investors look ahead to the end of a data blackout in the US. Read More
(Alliance News) - Stocks fell and bonds yields spiked in volatile trading on Friday amid uncertainty over UK budget proposals after an apparent u-turn on tax policy by Chancellor Rachel Reeves. Read More
WPP PLC - London-based advertising agency - WPP Chair Philip Jansen, in London on Thursday, buys 50,000 shares at 285.1 pence each. Shares are worth GBP142,550 in aggregate. Also in London on Thursday, Chief Executive Officer Cindy Rose purchases 50,000 shares at 288.7p each, for GBP144,350 in total. Read More
(Alliance News) - The FTSE 100 on Thursday fell back from recent record highs weighed by soft economic data, mixed earnings and a batch of index heavyweights going ex-dividend. Read More
(Alliance News) - The FTSE 100 hit another record high on Tuesday as soft economic data firmed up rate cut bets ahead of December's Monetary Policy Committee meeting. Read More